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Articles for Energy & Infra

ONGC Board Approves $5 Billion Investment In East Coast Oil And Gas Asset

The move comes close on the heels of a government decision in early March that allowed producers to claim a higher price for gas extracted from hydrocarbon basins located in the deep water and ultra-deep water areas of India

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India To Rely On State Miners To Meet Coal Target, Says Piyush Goyal

India will meet its target of doubling coal production by 2020 without the help of private miners, coal and power minister Piyush Goyal said, ruling out new measures to entice cash-strapped companies to begin mining the commodity

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Build Versus Buy: ONGC Opts For The Latter

India's state-owned oil exploration company is doing better by buying oil fields elsewhere than by investing in producing from its own.

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Oil Prices Rise In Thin Asian Trade After Break

Declining US oil output and strong gasoline demand were responsible for some of that recovery, but the bulk of it was powered by major producers' plans to freeze output at January's highs

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Court Convicts JIPL, Its Two Directors In A Coal Scam Case

This is the first coal block allocation scam case in which the special court, which was set up to exclusively deal with all the coal scam matters, has delivered its judgement

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Adani Group Offers 49% Stake In Dhamra LNG Project To IOC, GAIL

Adani Group has offered 49 per cent stake in its Rs 5,000-crore Dhamra LNG project in Odisha to state-run gas utility GAIL India and refiner Indian Oil Corporation

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IL&FS Engineering Services JV Bags Rs 153.99 Crore Project In Gujarat

The scope of work includes supply contract for tower package-TW02 for 765kV D/C Bhuj-Banaskanta transmission line associated with Green Energy Corridors

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ONGC’s $1.3 Billion Vankor Stake Purchase Gets Russia Nod

Experts are of the view that the deals will help India secure access to Russia's oil output, while Rosneft will gain access to the Indian market

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